May. 19 at 1:09 PM
$ECC
🚨🚨🚨
Net asset value (“NAV”) per common share of
$4.17 as of March 31, 2026, compared to
$5.70 as of December 31, 2025.
Net investment income (“NII”) of
$0.20 per weighted average common share.
NII less realized losses from investments of
$0.14 per weighted average common share
GAAP net loss (inclusive of unrealized mark-to-market losses) of
$148.4 million, or
$1.12 per weighted average common share.
GAAP net loss was comprised of total investment income of
$42.4 million, gains from net unrealized losses on certain liabilities recorded at fair value of
$1.7 million and realized gains on the retirement of the Company’s unsecured notes and preferred stock of
$0.1 million
Recorded other comprehensive income of
$1.9 million.
Received
$61.6 million in recurring cash distributions.
Deployed
$100.2 million in gross capital into new investments.
As of March 31, 2026, the Company’s investment portfolio consisted of 67% CLO equity investments, 32% other credit asset classes
